 | | Amanda Heckman
Editorial Director | The stock market cheered the news that inflation ticked ever so slightly down in July. The prospect of less Fed intervention sent stocks higher... And the crypto market, too, sighed in relief. But there was a crucial difference between the reactions of the two asset classes. [Have you seen this weird gadget Elon Musk just sent into space? Click here to learn more.] While the S&P 500 jumped on the inflation news Wednesday morning... it remained flat for the rest of the day and through Thursday. The crypto market, however, jumped on Wednesday... and didn't stop there. It isn't just inflation news that is giving crypto a lift... Bullish news is turning the market around... and giving investors a big opportunity. Doubling Down Last week, we told you how BlackRock - the world's largest investment manager, with $10 trillion in assets - had teamed up with Coinbase to make it easier for the fund's investors to manage and trade Bitcoin. It's a sure sign that sophisticated investors are getting more comfortable with the crypto market. Well, BlackRock wasn't finished. This week, the firm announced it is creating a spot Bitcoin private trust for U.S.-based institutional investors. The trust, BlackRock's first to offer direct exposure to Bitcoin, will track the performance of crypto's poster child... and potentially other cryptos as well. BlackRock's vote of confidence is another huge step toward the widespread adoption of crypto. That will bring more stability to the market... and more acceptance that crypto is a serious and viable asset class. As one crypto analyst put it, "The BlackRock news is probably the most bullish news for a long-term Bitcoin holder ever." Here's the Proof Not one to let Bitcoin have all the glory, Ethereum also had a big week that sent its price higher. The second-largest crypto by market cap had some exciting news to share about its long-awaited upgrade, or "fork"... Simply put, Ethereum will move from a "proof of work" system to a "proof of stake" model for verifying blockchain transactions and minting coins. All we need to know is this... Proof of stake is far more environmentally friendly (solving a major problem with crypto). It will make transactions faster (making broader adoption possible). And it will reduce Ethereum's supply (scarcity is what makes Bitcoin valuable). As we've said, this move has been promised for a while (and is very complicated). But this week Ethereum completed a successful test run of the upgrade. That means the full upgrade is on track for a September launch, and crypto investors cheered the news. Ethereum will play a big role in the future of digital assets. But its potential for upending the financial sector - especially when it comes to DeFi (decentralized finance) - is huge. And this upcoming "fork" will make it possible. Investors know this... and have sent Ethereum's price soaring. It's gone up nearly 80% over the past month. And it has plenty more room to run. Bitcoin and Ethereum are the biggest and most established players in the crypto sector. They'll open the door to the next crypto bull market... and savvy investors will be paying attention. But the turnaround story is bigger than these two cryptos. There are smaller, lesser-known cryptos that will rocket higher as the market recovers. And Andy's unlocked the secret to finding them right before they take off. See how his system works right here... before crypto enters its next bull market. Righteous indignation, Joel tells us, is an interesting thing. It sounds good, but it sends us down a slippery slope when it leads to new laws of the land. Just look at Prohibition... and the personal liberties it took away. That's why Joel shudders whenever someone says, "There ought to be a law against that." Here's what we should do instead... Too many investors fall in love with a stock's story... and invest on that alone. For Alpesh, the numbers come first. He likes to say companies are simply factories for making money. It doesn't matter what they do, as long as they do it well. This week, his spotlight is on a company that has not just good financials but also a good story to go with them. Check out his latest video to get all the details on the company, including its ticker. Click here or on the image below to watch it. "It's not what you look at that matters, it's what you see." - Henry David Thoreau Want more content like this? | | | | | Amanda Heckman | Editorial Director Amanda Heckman is the editorial director of Manward Press. With unrivaled meticulousness, she has spent the past dozen or so years sharpening Andy's already razorlike wit... and has worked with numerous bestselling authors and award-winning financial gurus along the way. | | | | 
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